Wassim Mikhaeil

Managing Director

MGL Cargo Services

Cairo

Egypt

Mobile: +201288133281

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	EgyMedica

news

IMF delays loan review for Egypt, merges assessments amid calls for deeper reforms

The IMF merges the 5th & 6th reviews of Egypt’s $8 bn loan due to slow reforms, postponing the next disbursement by 6 months.

Big Solar & Battery News From Egypt & South Africa

Egypt secures the largest solar-plus-battery plant, backed by $479M in multilateral funding, boosting clean energy infrastructure and grid stability.

UN conference cites Egypt’s ‘NWFE’ programme as model for development finance

The UN praises Egypt’s Nexus of Water-Food-Energy platform for mobilizing $4B in concessional finance, setting a global example for green investments.

Egypt utilizes four floating regasification units to secure gas supply for all sectors

Egypt deploys four FSRUs, including Energos Power, boosting LNG regasification to stabilize gas supply and the power grid this summer.

Egypt non-oil private sector shrinks in June due to weak demand

June PMI hits 48.8, non-oil private sector contracts for 4th month; new orders, output, and employment drop amid weak demand.

Events

LED Middle East EXPO 14.08.2025

Pharmaconex 01.09.2025

Egypt Projects 06.09.2025

Metal Steel Middle East 06.09.2025

HACE 07.09.2025

Paper Middle East 09.09.2025

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